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2019 Trades
fxi: 08.05.19 – 08.16.19
ETF | Chinese Equities | Status: Closed
Opening Trade
08.05.19
Absolutely massive spike in today! I'm continuing to scale into the chaos by selling more to boost my Hoping to capitalize on the passage of time and the eventual contraction in volatility. If continues higher, I will continue to slowly scale up my risk. My profit target for this trade is around 50% of the max potential.
Risk Profile:
(Not to scale)
Strategy: Short 36.50/40.50 Strangle
sto 1 sep 20 36.50 put
sto 1 sep 20 40.50 call
Fill Price: $1.05 credit
Position Analysis
U/L Price: $38.73
IV: 25.5%
IVR: 48.6
Liquidity: 4/4
Position: Short 36.50/40.50 Strangle
POP: 62%
Cost Basis: $1.05
Risk: Undefined
BPR: $600
Max Profit: $1.05
Max Loss: Unlimited
Target P/L: $0.53
Break Even(s): $35.45, $41.55
Extrinsic Value: $105.00
Net Delta: -0.80
Net Theta: 2.241